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Stein’s Latest: RFAs, Washington, Mavs, Bol, JVG, Bojan

July 5th, 2023 at 2:23pm CST by Luke Adams

There has been more buzz in recent days about restricted free agents Grant Williams and Matisse Thybulle – who reportedly intends to sign an offer sheet with Dallas – than Hornets RFA P.J. Washington, Marc Stein writes in his latest Substack article. As Stein explains, there are a couple reasons for that.

For one, the Hornets are in a better position to a match a rival offer sheet than Boston or Portland. The Celtics project to be well over the luxury tax line, while the Trail Blazers still aren’t certain what their books will look like after they finalize a Damian Lillard trade.

Additionally, while the Celtics and Trail Blazers would both have to weigh whether or not to match offer sheets signed using the mid-level exception, such a deal would presumably be an automatic match for the Hornets with Washington. According to Stein, Washington is believed to be seeking a deal in the range of $18MM per year.

Here’s more from Stein:

  • Following up on a report that the Magic and Mavericks discussed a trade involving Bol Bol around the time of the draft, Stein explains that Dallas pitched the idea of taking on Bol as a salary dump along with Orlando’s No. 36 overall pick. The Magic turned down that proposal and ended up moving No. 36 for a 2030 second-round pick and cash.
  • Jeff Van Gundy, who was recently let go by ESPN, told the Mavericks he wasn’t interested in a job as an assistant on Jason Kidd‘s coaching staff, according to Stein, who says that it’s not yet known whether Van Gundy will attempt to return to coaching in some form or seek another broadcasting opportunity.
  • While teams around the league remain interested in acquiring forward Bojan Bogdanovic, the Pistons have held firm on their stance that they plan to keep the sharpshooting veteran, says Stein. There seems to be little concern about the Achilles issue that sidelined Bogdanovic for Detroit’s final 18 games, Stein adds, noting that the general sense is that the Pistons were just being “extra cautious,” with little to play for.
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Celtics Rumors: G. Williams, Brown, Porzingis, Brogdon

July 4th, 2023 at 3:09pm CST by Luke Adams

The Celtics still have at least two major pieces of business to deal with in the coming days, according to Jared Weiss of The Athletic, who hears that team and league sources anticipate resolution on Grant Williams‘ restricted free agency before Jaylen Brown‘s contract extension.

The Hawks, Hornets, Mavericks, Knicks, and Wizards all remain contenders for Williams, says Weiss, noting that either a sign-and-trade deal or a mid-level offer has been considered the likeliest outcome for the RFA forward.

Multiple league sources tell Weiss they believe the Celtics would consider matching any offer worth up to the full non-taxpayer mid-level, but the team may not have the appetite to go much higher than that. If a rival suitor wants Williams badly enough, negotiating a sign-and-trade would ensure there would be no risk of Boston matching an offer sheet, but the Celtics have been seeking a first-round pick in sign-and-trade talks, Weiss reports.

Here’s more on the Celtics:

  • Weiss reiterates a point made by ESPN’s Brian Windhorst, writing that even though Brown is eligible for a super-max contract extension, there are details to negotiate, including whether or not the deal will include incentives and whether it will feature a player option. While negotiations are expected to “pick up steam” soon, the sense is that once Williams’ situation is resolved, the Celtics will have a clearer picture of how they’ll build around Brown’s extension, Weiss explains.
  • Kristaps Porzingis, who will earn $36MM in 2023/24, is expected to earn approximately $28.8MM in ’24/25 and $31.2MM in ’25/26 on his new two-year, $60MM extension. As Weiss writes, that pay drop will help the Celtics manage their tax situation and potentially avoid the second tax apron in future seasons, depending on what happens with Brown and Williams.
  • While one weekend report indicated the Celtics aren’t trying to move Malcolm Brogdon, Weiss doesn’t believe the possibility of a Brogdon deal has been entirely ruled out. If Boston were to deal Brogdon or Williams (via sign-and-trade), the team would likely prioritize acquiring a ball-handler who could complement Derrick White in the backcourt, Weiss says.
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Washington, Williams, Thybulle Among RFAs Still Available

July 4th, 2023 at 1:00pm CST by Luke Adams

Of the eight free players on our list of top 50 free agents who have yet to reach new deals, five are restricted free agents. Those five restricted free agents are also the only ones still available at all (not including those coming off on two-way deals). Those players are as follows:

While I’m sure these five players would’ve preferred to agree to lucrative new contracts in the opening hours of free agency, it’s not necessarily an ominous sign that they’ve yet to line up new deals four days later. It can sometimes take a little longer for the market for restricted free agents to develop, but it doesn’t mean they won’t get paid.

A year ago, for instance, Deandre Ayton didn’t sign his maximum-salary offer sheet with the Pacers (which was quickly matched by the Suns) until July 14, two weeks after the start of free agency. Collin Sexton, who received a four-year, $71MM in a sign-and-trade deal that sent him to Utah as part of the Donovan Mitchell blockbuster, didn’t resolve his restricted free agency until September.

The same thing happens with a few restricted free agents just about every year. In 2021, RFAs like Josh Hart (three years, $38MM) and Lauri Markkanen (four years, $67MM) took multiple weeks to reach new contract agreements.

In other words, there’s still plenty of time for Washington, Williams, Thybulle, Dosunmu, and Reed to find deals they like.

Washington, Williams, and Thybulle, in particular, seem like good bets to cash in sooner or later. A report over the weekend indicated that Washington was drawing interest from multiple teams besides the Hornets. Williams has reportedly received interest from Charlotte and Dallas, with the Mavericks also said to be keeping an eye on Thybulle.

It would be a surprise if any of them had to settle for a below-market deal. It sounds like teams are still in the process of figuring out if an offer sheet will be an exercise in futility or if there’s a legitimate chance to pry away one of those players from his current club — and if so, what the price point would be.

There hasn’t been as much chatter about Dosunmu or Reed, but there haven’t been any red flags on either front. Their qualifying offers ($5.2MM for Dosunmu; $2.3MM for Reed) remain in place as one-year fallback options.

The Spurs are the one team that still has enough cap room to make a strong play for any of those top RFAs, if they so choose. The Rockets may also be able to offer more than the full mid-level, depending on how all their moves shake out, and teams below the tax apron are free to try to negotiate sign-and-trades.

It has become pretty rare for restricted free agents to change teams via offer sheets, but sign-and-trade deals aren’t uncommon — they get the player to his preferred landing spot while ensuring that his old team picks up an asset or two.

There are still several unrestricted free agents whose landing spots will be worth watching too, including Christian Wood, Kelly Oubre, Hamidou Diallo, Jaylen Nowell, and Dario Saric. But at this point in free agency, it’s the RFA market that looks more intriguing.

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Atlantic Notes: J. Brown, Embiid, Knicks, Raptors

July 3rd, 2023 at 2:55pm CST by Luke Adams

A handful of players have agreed to contract extensions since the new league year began on Saturday, but Celtics wing Jaylen Brown isn’t among them — yet.

Appearing on ESPN’s SportsCenter on Monday (YouTube video link), Brian Windhorst said the Celtics and Brown have mutual interest in getting something done and that he expects things to “head in that direction.” However, he also referred to the deal as “fragile.” Asked to clarify what he meant by that, Windhorst explained that Brown having qualified for a super-max extension doesn’t mean no negotiations will be required.

“I think it’ll get done, but he’s eligible for up to 35% of the salary cap, but he doesn’t have to get that,” Windhorst said. “The Celtics could negotiate on that. They could negotiate on a player option. They could negotiate on several things. So it’s not as simple as saying, ‘Jaylen, here’s your contract, sign it or not.'”

While most players who have signed designated veteran (super-max) contracts have received a full 35% starting salary, Rudy Gobert is one notable exception. When he signed his super-max extension with Utah, it began at 31.4% of the cap.

Here’s more from around the Atlantic:

  • Rival executives have no expectation that the drama in Philadelphia related to James Harden‘s trade request will prompt Sixers center Joel Embiid to seek a change of scenery himself, writes Sean Deveney of Heavy.com. “No, just no way,” one general manager replied when asked about the possibility. “He is a different kind of character. He is a lot more like (Damian) Lillard and (Bradley) Beal because he wants to be loyal to the team, he wants to stay there, he has a lot of appreciation for how he has been treated there.” Of course, Lillard and Beal eventually did request trades, so – as the GM notes – if the 76ers haven’t moved any closer to title contention two or three years from now, it could be a different story.
  • While the Knicks got better by adding a shot-maker and creator in Donte DiVincenzo, their rotation took a hit with the trade of Obi Toppin, who was the power forward on the second unit, writes Zach Braziller of The New York Post. It remains to be seen what the plans are for that spot, according to Braziller, who notes that New York’s excess backcourt depth could set the team up for a roster-balancing trade.
  • Barring a trade that shakes up the roster, the Raptors aren’t in position to make another significant move this offseason. So in order for the team to take any sort of step forward after losing Fred VanVleet, Toronto may need the hiring of head coach Darko Rajakovic to be its most impactful move of the offseason, Doug Smith of The Toronto Star suggests.
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Latest On Damian Lillard

July 3rd, 2023 at 12:04pm CST by Luke Adams

Reports over the weekend indicated that the Trail Blazers are “open for business everywhere in the league” when it comes to Damian Lillard trade talks and are casting a wide net in an effort to get the best possible return.

However, the star guard has been “unwavering” in his desire to join the Heat, according to Barry Jackson and Anthony Chiang of The Miami Herald, who say that Lillard has conveyed to the Blazers that Miami is the only place he wants to play.

Chris Haynes essentially said the same thing in the latest episode of his #thisleague UNCUT podcast with Marc Stein. Asked by Stein if Lillard could be talked into another landing spot or if he’s dead-set on ending up with the Heat, Haynes simply replied, “Miami. Miami, Stein, Miami.”

Shams Charania of The Athletic also says that Lillard’s sole focus is on the Heat, acknowledging that the Blazers are exploring other scenarios but suggesting that there’s a “strong belief” around the league that Miami will be 32-year-old’s ultimate destination.

The two sides both appear at this point to be using media leaks to exercise as much leverage as possible. The Blazers’ discussions with other teams can be viewed as an effort to extract as much value out of the Heat as possible, whereas Lillard’s insistence on being sent to Miami may make other suitors wary of surrendering their top assets to acquire him, knowing that he’d be dissatisfied with the outcome, as Jackson, Chiang, and Charania write.

Here’s more on Lillard:

  • In the #thisleague UNCUT podcast, Stein suggested that there’s a widespread belief around the NBA that Sixers guard James Harden will end up being traded to the Clippers. Haynes responded by noting that the Clippers have also been in touch with the Trail Blazers to inquire on Lillard, though he adds that L.A. seems unlikely to acquire Dame.
  • The Timberwolves, Pelicans, and Celtics are among the other teams who “reached out to see what it would take” to land Lillard, Haynes reports. A deal with Minnesota would have had to involve Karl-Anthony Towns, according to Haynes, who says that idea was “quickly eliminated.”
  • Haynes also spoke on the podcast about the timeline that led to Lillard’s Saturday trade request, explaining that after Portland landed the No. 3 overall pick in the draft lottery, the longtime Blazer was told the team would look into trading it for win-now help. However, GM Joe Cronin called him two days before the draft to let him know Portland would likely keep its pick. In Lillard’s meeting with the Blazers this past Monday, he expressed his feeling that “promises weren’t kept,” per Haynes, but vowed to give the team a little more time to see if it could upgrade the roster on the trade market when free agency opened. When that didn’t happen right away, Lillard submitted his trade request to ensure that teams interested in acquiring him – such as the Heat – didn’t make other moves in free agency that would preclude such a deal.
  • According to Haynes, Lillard first entertained the idea of requesting a trade out of Portland in 2021. One of the reasons he decided against it at the time was because the Blazers hired Chauncey Billups, whom Dame greatly respects, as their head coach that summer. As Haynes details, Lillard didn’t want to put Billups in a position like Stephen Silas in Houston — Harden and Russell Westbrook requested trades shortly after Silas was hired in 2020, which derailed the veteran assistant’s first head coaching opportunity.
  • In case you missed it, we passed along a couple notes on the Lillard sweepstakes in a trade rumors round-up earlier today.
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Atlantic Notes: Smart, Porzingis, Petrusev, VanVleet

July 2nd, 2023 at 11:35pm CST by Alex Kirschenbaum

Longtime Celtics guard Marcus Smart had a conversation with team president Brad Stevens in mid-June and was assured at that time that he’d remain with the team this summer, Smart tells Gary Washburn of The Boston Globe. A week later, he was gone, having been traded to the Grizzlies as part of a three-team package to send Kristaps Porzingis to Boston.

“It was a shock,” Smart said. “My agent called my fiancée and she woke me up out of a sleep, literally, right after the deal had been made and I think [the media] had already tweeted it out. That’s how we found out.”

The Celtics had originally intended to include another guard, Malcolm Brogdon, as part of a three-team deal with the Clippers that would have landed them Porzingis. However, those talks fell through, forcing Boston to pivot to the deal sending Smart to Memphis. Smart said he understands it’s a “business” and has no hard feelings toward the organization, even if he didn’t learn about his exit in the way he would’ve liked.

“Anybody who knows me knows that I’m the first one to tell people, you can’t put personal with business, it just doesn’t mix,” he said. “… But for me, it was just the [lack of] courtesy. They probably already knew they were thinking about trading me. They had this trade in their back pocket just in case something else didn’t happen.”

Smart enjoyed a solid run with the Celtics, even earning Defensive Player of the Year honors in 2022 en route to an NBA Finals appearance. His defense slipped somewhat in 2022/23, but he remain a valuable two-way leader on a club that wound up being just one win shy of a second consecutive Finals.

There’s more out of the Atlantic Division:

  • The two-year, $60MM extension Porzingis is finalizing with the Celtics could become as a massive monetary coup for Boston, argues Chris Forsberg of NBC Sports Boston. The reported deal, which will begin in 2024/25, is worth $17MM less than the maximum possible extension Porzingis could have signed off his current contract, and Forsberg believes a strong season would have put the big man in position to command even more money had he reached unrestricted free agency next summer. Porzingis enjoyed one of his healthiest seasons in years and was fairly effective with the Wizards on both sides of the hardwood in ’22/23.
  • Two years after being drafted with the No. 50 pick out of Gonzaga by the Sixers, big man Filip Petrusev is confident he can produce at the NBA level, writes Keith Pompey of The Philadelphia Inquirer. Following his selection in the draft, the 6’11” center suited up for teams in Turkey and Belgrade. Petrusev, who will play on Philadelphia’s summer league club this month, is hoping to ink a deal with the Sixers for the 2023/24 season.
  • Longtime Raptors point guard Fred VanVleet, who won a title with Toronto in 2019, is moving on to the Rockets on a lucrative new contract. He penned a heartfelt farewell missive to the team on his official Instagram. “I am forever indebted to the franchise that gave me a shot when no one else would,” VanVleet wrote. “We built things together that can never be broken and accomplished things that will stand forever… To the city, franchise and country that watched me grow… THANK YOU.”
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Stein’s Latest: Mavs, Thybulle, J. Allen, Maxey, D. Powell

July 2nd, 2023 at 5:45pm CST by Luke Adams

In addition to their previously reported interest in Grant Williams, the Mavericks have their eye on another restricted free agent, Matisse Thybulle of the Trail Blazers, league sources tell veteran NBA reporter Marc Stein (Substack story).

It’s unclear if Dallas has a real shot at either player — according to Stein, the Celtics and Blazers have been sending “behind-the-scenes signals” that they plan to match any offer sheet on their respective RFAs, and the over-the-cap Mavericks will be limited to the mid-level exception.

Besides pursuing another wing, the Mavericks would still like to upgrade their center spot. They explored trades for Clint Capela and Deandre Ayton and would have been interested in Naz Reid if he had reached free agency, Stein writes. For now, Dwight Powell and Richaun Holmes appears poised to vie for the starting job as lottery pick Dereck Lively adjusts to the NBA.

Here’s more from Stein’s latest look around the league:

  • There have been some “whispers” this week that Cavaliers center Jarrett Allen may be more available via trade than the team is letting on, says Stein. Allen was an All-Star in 2021/22 and had another solid season in ’22/23, but struggled to make an impact during Cleveland’s first-round playoff loss to New York.
  • Stein, like some other reporters, has heard that the Sixers have essentially made Tyrese Maxey untouchable in trade discussions. A team source tells Stein that Philadelphia views Maxey as an integral part of the club’s future and is adamant that he won’t be available in any trade.
  • According to Stein, Dwight Powell received “serious” interest from the Rockets before deciding to remain with the Mavericks. Houston pivoted to Jock Landale after Powell chose Dallas, Stein explains.
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Trade Rumors: Lillard, Harden, Brogdon, Fournier, Rockets

July 2nd, 2023 at 12:10pm CST by Arthur Hill

The Trail Blazers told rival teams that they are “open for business everywhere in the league” regarding a Damian Lillard trade, according to ESPN’s Adrian Wojnarowski (YouTube link).

Lillard, who asked for a trade on Saturday after weeks of speculation, reportedly hopes to end up in Miami, where he could be part of a title contender. However, the Heat may not be able to offer the best trade package, and Portland GM Joe Cronin intends to focus on the team’s needs rather than Lillard’s preference while negotiating a deal.

“For Portland, they’re going to go out into the marketplace and try to find the best deal they can,” Wojnarowski said, “a combination of young players, draft picks, salary cap relief, all the things you want when a star of Damian Lillard’s magnitude asks to be traded.”

Woj adds that he doesn’t expect a Lillard deal to be completed quickly and that Miami doesn’t have any advantage because Lillard wants to go there. The Blazers haven’t told Lillard whether they intend to comply with his request to join the Heat, according to Barry Jackson of The Miami Herald.

There are more trade rumors to pass along:

  • The Sixers‘ asking price for James Harden has been “really high,” Wojnarowski said in the same segment, noting that president of basketball operations Daryl Morey tends to seek a lot in return when a star player wants to be traded. Harden picked up his $35.6MM player option this week, and reports have indicated that he wants to be dealt to the Clippers. Wojnarowski adds that it’s “not an easy trade to make” because Philadelphia has to get value in return to pair with MVP Joel Embiid and keep the team in title contention. Woj speculates that trade talks could extend beyond Summer League action.
  • The Celtics aren’t trying to trade Sixth Man of the Year Malcolm Brogdon, a source tells Adam Himmelsbach of The Boston Globe. Brogdon was involved in an early version of the Kristaps Porzingis deal, but that fell through when the Clippers pulled out due to medical concerns about Brogdon. Himmelsbach adds that Brogdon is expected to be ready for the start of next season, even though he’s considering surgery for a right elbow injury he suffered in the Eastern Conference Finals.
  • The Knicks will continue to explore trades involving Evan Fournier, per Ian Begley of SNY.tv, but they don’t need to open any more cap flexibility to add Donte DiVincenzo after agreeing to send Obi Toppin to the Pacers. New York doesn’t seem to be actively pursuing either Lillard or Harden, according to Begley.
  • David Weiner of ClutchFans.net (Twitter link) suspects the Rockets will fold multiple reported trade agreements into their sign-and-trade deal for Dillon Brooks in order to maximize their cap room. After acquiring Patty Mills and using up their remaining cap space, Weiner posits, Houston will package Josh Christopher (to the Grizzlies), Usman Garuba and TyTy Washington (to the Hawks), and Mills (destination TBD), whose combined salaries will be enough to match Brooks’ expected first-year salary (approximately $21.6MM) without requiring room.
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Free Agency Rumors: G. Williams, Hornets, VanVleet, Blazers, Tavares

July 2nd, 2023 at 12:17am CST by Luke Adams

The Hornets are mulling the possibility of an offer sheet for Celtics restricted free agent forward Grant Williams, sources tell Michael Scotto of HoopsHype (Twitter link). Williams has also drawn some interest from the Mavericks, according to Scotto.

The Hornets are currently operating as an over-the-cap team, which means they could offer up to the full $12.4MM mid-level exception in a deal for Williams. They have a potential path to creating cap room to make a stronger bid, but it would require renouncing the cap holds for multiple free agents, including their own RFA forwards P.J. Washington and Miles Bridges. The Hornets have also engaged in contract discussions with Washington, Scotto reports.

Here are a few more free agency notes and rumors from around the NBA:

  • The third and final season of Fred VanVleet‘s new three-year deal with the Rockets will be a team option, according to Jackson Gatlin of Locked on Rockets (Twitter link). A non-guaranteed third year makes the deal look considerably more team-friendly — and considerably more like the two-year offer the Rockets were originally said to be preparing for the veteran point guard.
  • Veteran center Edy Tavares, a second-round pick in 2014, has received a contract offer from the Trail Blazers, sources tell Donatas Urbonas of BasketNews.com. Tavares played just 13 games during his initial NBA stint, but is apparently earning another look after several strong seasons with Real Madrid, with whom he has won two EuroLeague titles and earned three All-EuroLeague First Team nods. However, Tavares’ contract includes a significant buyout, which may preclude a move stateside, Urbonas explains. His deal with Real Madrid will expire in 2024 if he doesn’t sign an extension before then.
  • Donte DiVincenzo drew “strong” interest from three other teams during his free agency before he agreed to sign with New York, reports Ian Begley of SNY.tv (Twitter link). While DiVincenzo’s Villanova connection to Jalen Brunson and Josh Hart was a factor in his decision to join the Knicks, he also believes his new team can be a contender. “He wants to win and has a great opportunity to do so in New York,” a source said to Begley.
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Spurs, Rockets Have Most Remaining Cap Room

July 1st, 2023 at 7:41am CST by Luke Adams

As we enter the first day of the NBA’s 2023/24 league year, two Southwest rivals – the Spurs and Rockets – are the teams with the most projected cap room still available, according to ESPN’s Bobby Marks (Twitter links) and Keith Smith of Spotrac (Twitter link).

San Antonio and Houston were active on Friday night. The Spurs reached agreements to re-sign restricted free agents Tre Jones and Julian Champagnie, while the Rockets made one of the biggest splashes of the summer so far by agreeing to a three-year, maximum-salary contract with Fred VanVleet. However, Jones and Champagnie have cap holds below their projected salaries, while Houston entered the offseason with approximately $64MM in room, so both teams still have plenty of flexibility.

Marks projects the Spurs at $29MM in remaining space, while Smith suggests they could actually still create up to $34MM+ if needed. Either way, they still have more spending power than any team in the NBA. Both Marks and Smith have the Rockets at approximately $25MM.

The Kings, Jazz, and Pacers are among the other clubs that still project to have more than $10MM in cap room remaining, though Sacramento’s and Indiana’s figures are hard to pin down because they’ll hinge on whether the teams complete their rumored trade involving Chris Duarte. The Kings also still have a path to remain an over-the-cap team if they want to, since none of their reported moves so far absolutely require cap space.

Here are a few other things to watch as the second day – and first full day – of the free agent period gets underway:

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